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首页> 外文期刊>Global Economy Journal >INDIA-CHINA TRADE IN LIGHT AND HEAVY MANUFACTURING SECTOR: A COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS
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INDIA-CHINA TRADE IN LIGHT AND HEAVY MANUFACTURING SECTOR: A COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS

机译:中印贸易轻型和重型制造业部门:一个可计算的一般均衡分析

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abstract_textpThe trade relations between India and China have been intensified since 2001. The aim of this paper is to examine the effects of tariff reduction by India and China on bilateral imports in light and heavy manufacturing sectors. The results are evaluated in terms of welfare, output, employment and the potential trade flows between India and China in CGE framework using the GTAP-model. GTAP database version 10, covering 141 countries/regions and 65 sectors, with a base year of 2014, have been used. Overall results show that India and China's trade relation has improved in last two decades, but still there is a lot of untapped potential to bring the welfare gains for both trading partners. This study concludes that deeper integration by tariff reduction on imports of light manufacturing and heavy manufacturing sectors between India and China may not be welfare enhancing for India, however there are substantial welfare gain for China. The study suggests that a well calculated and strategically negotiated tariff reduction in light and heavy manufacturing sectors may create a win-win situation for both partners. The study argues that China should offer a preferential market access to India for mutually beneficial and welfare enhancing engagements for both countries./p/abstract_text
机译:& abstract_text & p贸易关系印度和中国的关系一直在加剧自2001年以来。印度和关税削减的影响中国对两国进口轻型和重型制造业。在福利方面,产出、就业和潜在的印度和中国之间的贸易流动CGE利用gtap模型框架。10版本,覆盖141个国家/地区和65年行业的基准年2014年使用。在过去的二十年里已经改善贸易关系,但仍有很多未开发的潜力交易带来的福利收益合作伙伴。集成的进口关税削减轻工业和重工业印度和中国的关系可能不是行业福利提高印度,然而对中国实质性的福利收益。表明计算和战略关税降低轻、重协商制造业可以创造一个双赢的双方的情况。,中国应该提供一个优惠的市场访问印度互利福利提高活动国家。;/ p & / abstract_text

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